As technology has evolved to meet the needs of digital banking, the software development process has likewise become more complicated. Buy vs. build has become buy, subscribe, build, and integrate, potentially all at once.
February 21, 2023
February 10, 2023
There has been a lot of hype surrounding a new technology released at the end of November 2022 called ChatGPT. I believe ChatGPT is an embryo, not even fully born… yet!
January 18, 2023
It’s a demanding moment in time for IT organizations at financial institutions (FIs), which must maintain regulatory compliance while keeping up with their competitors. As institutions continue to compete for talent, transform digitally, and enhance their data quality and variety, new technologies such as multi-cloud and distributed ledger creep closer upon the horizon.
In 2023, many IT organizations will need to juggle replacement and enhancement projects, new platform implementations, and architecture/structural updates, often putting great pressure on their operations.
December 14, 2022
Artificial intelligence (AI) and machine learning (ML) have taken off in financial services as computing and data storage resources have become cheaper over time. Banks and financial institutions (FIs) are integrating these technologies to reimagine an expanding set of business processes. FI CIOs and CTOs should adopt a comprehensive design and oversight approach that promotes the explainability and transparency of these AI-driven processes in adhering to regulatory principles like non-discriminatory outcomes.